Lahore Real Estate Forum

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(49176)
Tuesday, August 9, 2011 09:17 AM PST 
price check phase 5; 5 marla

Dear CMY sahib, this website is full of valuable info.

Can you please give me price check on phase 5 phase B plot 350 and phase B plot 359?? One of them is corner lot :)

Looking for your reply. Thanks a lot.

DHA Lahore Phase 5 replied on Wednesday, August 10, 2011 05:57 PM PST 

B359= 34 lacs
B350= 36 lacs
Both plots are very near graveyard and boundary. Not good locations to as investment or for making a house.

Ch Mujahid Yasin (CMY)
03224009967
>
(49175)
Tuesday, August 9, 2011 07:03 AM PST 

Salam Everyone!

Can any body help? Please help if you can guide that i have one plot for making restaurant from last year...Do i have to pay Zakat on this? more over what value of my business stock i have to pay zakat ? my wholesale value or the retail value? Third and last question is...Zakat is payable on rental income of the properties and what if i am paying tax to govt on my rental income? can i deduct govt paid tax from the rental income? Some body told me that there is no zakat on diamonds? is it true?

Regards

M. Anwar H. (Bahrain) replied on Wednesday, August 10, 2011 07:00 PM PST 

Mr. Tahir please use this link print this PDF file answers of all questions are in this. Kuwait Finance House Bahrain release according to their shria advisers.

http://www.kfh.bh/media-files/2009/09/05/20090905_zakat-A4-booklet-Eng-4F22AF.pdf

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(49174)
Tuesday, August 9, 2011 05:26 AM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Demand(Rs)
Features
For Sale
gujranwala
garden town
2
h
resedentia
10 m
40 feet
2000000
all featuers
:pkf :forsale: 10 marla fully paid ready to construct plot at garden town phase 2 block h for immediately sale.
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(49173)
Tuesday, August 9, 2011 05:10 AM PST 
DHA Phase 6 & LRR

Today I was reviewing the constructed parts of LRR and I am totally shocked because before I had visited the site and was under the impression that LRR has been completed to a large extent but shockingly there is a very big gap between the Airport section and the Phase 6 section which leads me to believe, what or even why is this interchange even important, with out connecting to the rest of LRR this is just a huge structure obstructing the path to Phase 6. on the opposite side it goes to phase 4, sui gas, which already had access from existing roads, so plainly I don't understand the big fus over this interchange.

Now the problem is the giunja hakoomat will go in 1.5 years and I don't think they will be coming back any time soon at least not for the next 5-7 years and right now they are out of funds so :o bad bad. The same goes for the people expecting huge returns when LRR hits Bahria Town Lahore, :) this aint happening for the next 10 years for sure.


ASBS replied on Tuesday, August 9, 2011 05:43 AM PST 

Dear Mr Thinking...Be honest atleast in the month of Ramadan....Actully the image u r reffering is old image on google atleast One and half year old esp the part according to u have big Gap.... when u will Zoom in the image the Date will appear on the left corner....The down below image is latest

Regards

Thinking replied on Tuesday, August 9, 2011 06:01 AM PST 

This image is at max 3 months old.

AG replied on Tuesday, August 9, 2011 06:08 AM PST 

Agar Ksi Allah Ka Bandani na aag kal main Moqa Dekha Ha to Irshad Farmae.

Regards.

Aziz Ch Riyadh KSA replied on Tuesday, August 9, 2011 09:23 AM PST 

Mr Thinking
I have already discussed & inquired about this serious issue but no body responded positively.Actually there is a huge gap bet Airport & Ph 5,6 interchange.Similarly almost 3 km gap from sui gas to ferozepur road. This i have checked from google(may 2011). If these two gaps are not completed,northeren LRR will not be fully commutable.I think southern loop starts from ferozepur road.

I hope somebody from our readers will give us informative reply ASAP.
I am copying my previous request. thread # 447 dated 20 july2011

Thread # 447 dated 20 july 2011
LRR
Dear cmy sahib
Pl your
update is requested on LRR
I couldnt see any work from Airport to Phase 5,6 interchange. Similarly from Sui Gas to Ferozepur road.When these two portions will be completed & what is currently being done there.
Hoping for your usual prompt response.
Thanks.

ali11 replied on Tuesday, August 9, 2011 04:20 PM PST 

@ Thinking,

that huge gap picture part is note updated by google. This image is from 2-feb-2010 more than a year old. Better visit or travel to check the progress.

Southern loop Ring road starts from suigas and gov don't have fund to start. I heard that land acquiring is in progress.

Punjab government focus now is LRMTS (metro).

ali11 replied on Tuesday, August 9, 2011 05:18 PM PST 

Also found these comments from CMY:


""""
Lahore Ring Road replied on Monday, August 8, 2011 12:20 PM PST

Work on Lahore Ring road have been slowed mainly due to shortage of funds.

Lahore ring road up to DHA 8 interchange is now complete and open for traffic.

DHA 8 to DHA6 part of Lahore ring road is now ready for black top. Some parts have been black topped.

Interchange on DHA 5 / 6 of Lahore ring road is 90% complete. Within two to four weeks they may start land scapping work here and within month or max upto Sept 30th State Life 1 to Moterway all parts of Lahore ring road should open for traffic.

Ch Mujahid Yasin ( CMY )
03224009967
""""""

JUJ replied on Tuesday, August 9, 2011 05:58 PM PST 

I often visit this area and even take my car on top of bridges just to be 'the first' among the people I know.
LRR upto state life will complete very soon. The two interchanges, one for Phase 8 near Eden and Netsol is Huge and complete as traffic is running, one interchange near Phase 5-6 is also very big and 90% complete.
Work is in progress and it will be complete in a month at most.

The LRR is truly an international class road with huge project and maticulous planning. This is going to be a gift of Shahbaz for people of lahore for many many years to remember just like Motorway.

From statelife onwards there is no progress as I often go until the very end in my car.

BB replied on Wednesday, August 10, 2011 01:13 PM PST 

Imagery date is 28/5/2011

ali11 replied on Wednesday, August 10, 2011 10:49 PM PST 

@@ BB

zoom in & then check the imagery date!!!!
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(49172)
Tuesday, August 9, 2011 03:05 AM PST 
Price Assessment

Dear CMY
Please give your price assessment of U-141 Phase-7 DHA Lahore
Thanking you in anticipation

CMY replied on Tuesday, August 9, 2011 07:48 PM PST 

U141 is worth 43 to 44 lacs

Ch Mujahid Yasin( CMY )
03224009967
>
(49171)
Tuesday, August 9, 2011 03:05 AM PST 
DHA phase 9/10 plots

Ad Type
City
Scheme
Phase
Size
Wanted
Lahore
DHA
9 / 10
kanal
I am looking for one kanal residential plot file at DHA phase 9/10. Anybody offering reasonable price contact me please.
>
(49170)
Monday, August 8, 2011 11:21 PM PST 
plot for sale

Ad Type
City
Scheme
Phase
Block
Plot
Size
Features
For Sale
lahore
awt
2
d
555
1 kanal
all paid
i want to sell this plot advise me the tentative sale price

Daud replied on Wednesday, August 10, 2011 04:02 AM PST 

AOA
17 lac is the offer here.
>
(49168)
Monday, August 8, 2011 08:13 PM PST 
Total number of applications for recent DHA Ballot

Respected CMY Sahib,

I am again posting this question and waiting for your kind reply please, as it will help other readers of this website as well.

Can you please provide the total number of applications submitted for the recent ballot of DHA, PH-9 residential 5 marla plots and PH-6 8-marla plot Commercial MB.

Thanks

JJ replied on Tuesday, August 9, 2011 12:19 AM PST 

DHA keep that secrete.
>
(49167)
Monday, August 8, 2011 06:54 PM PST 

Dear CMY

Do you recommend to buy 4 Marla Phase 8 CCA1 at 25-30 Lac profit? Would it be good and profitable for future.

Thanks

CMY replied on Monday, August 8, 2011 07:15 PM PST 

No I dont think it is a good buy. These plots
prices are being manipulated by few dealers. There is a great risk profit amount of CCA1 and CCA2 of DHA 8 plots will fall.

Right now rates are being made on 5 or 10 lacs Baina and true picture will come when these plots are ready for transfer.

Umer replied on Monday, August 8, 2011 07:42 PM PST 

Thank you for sincere advice

Azam replied on Monday, August 8, 2011 10:05 PM PST 

Dear CMY,

If that is the case with phase 8 CCA 1 and 2 then it should also apply to phase 6 MB and other commercial freshly balloted plots and also to phase 9 residential plots and infact to all freshly balloted plots If
prices 0f phase 8 can be manipulated gh'\ then why cant those prices not be!???gh'\

shahid khan replied on Monday, August 8, 2011 10:45 PM PST 

cmy sir
very well said
>
(49166)
Monday, August 8, 2011 03:40 PM PST 
land for sale

350 Kanals Land for sale, ideal for farming, housing society and industry, 21 KM from Adalia Jail very reasonable price for immediate sale. Contact (Al Naeem Enterprises I - 10 Islamabad.

Irfan replied on Tuesday, August 9, 2011 02:20 AM PST 

Is it agricultural land. Mean what is source of water if purchased for purpose of cultivating? What is deman ?
>
(49165)
Monday, August 8, 2011 03:31 PM PST 

Dear CMY Sb

Can you please tell me worth of plot # 301-R Phase 7.

Thanks

DHA Lahore Phase 7 replied on Monday, August 8, 2011 03:57 PM PST 

53 to 54 lacs is current worth of
DHA Lahore phase 7 R block.

Ch Mujahid Yasin ( CMY )
03224009967
>
(49164)
Monday, August 8, 2011 02:51 PM PST 
Bahria Commits Bahria Delivers

Bahria Commits Bahria Delivers

AK replied on Monday, August 8, 2011 04:29 PM PST 

Interesting to see they skipped BT RWP Phase 9 which was supposed to be delivered long time ago and there is no sign of development. :)

Member replied on Monday, August 8, 2011 11:34 PM PST 

VERY FUNNY AND IRRITATING. This all they delivered after lot of hue n cry, lot of waiting n last but no the least " AT THE COST OF OUR BLOOD"

Khan. replied on Tuesday, August 9, 2011 02:45 AM PST 

we should give poor guy some credit :)
All developers including DHA in Pakistan have delayed the delivery of projects. All slap some additional charges as inflation has been going up every day.
Bahria delivered good quality projects, good living standard, good security. Bahria-9, Bahria did offer exchange w/plots in Ph-8 so there must be a reason why they did that. Quality of living in Bahria is much higher than all others including DHA.

AG replied on Tuesday, August 9, 2011 05:40 AM PST 

@Khan

Khan Bhai I agree with you.

Bussinesses or people should be evaluated on their overall performance & not on one single point.

Regards.

Guest007 replied on Tuesday, August 9, 2011 01:43 PM PST 

Prices they mentioned are wrong. I paid 40 Lacs for 8 marla safari home in ISB.

Really Bad replied on Tuesday, August 9, 2011 03:25 PM PST 

One thing I noticed and i would like to share with every one.
Bahria is making fool of every one.
You just look at the development picture shown for Bahria Enclave Islamabad in this picture and the development shown for Sector D in Lahore, both are same pictures, only the background mountains have been changed.
Please have a look and see, what they are doing with the common people. May Allah show them the right path. Aaameeen.

Jamshed, replied on Wednesday, August 10, 2011 05:03 AM PST 

I am first time commenting in this forum.I do not know why we do not appriciate good things now a days we have a habbit to condem every thing just for nothing. As I have seen since long ago reading about Bahria Town recently I visted Islamabad BAHRIA Town which I feel the best ever develpment in Pakistan.even DHA and Islamabad all sectors.

AG replied on Wednesday, August 10, 2011 08:52 AM PST 

Dear Friends.

AN examle for your review.

1. I live & work in UAE.

2. I started construction (By a contractor)of my house at Bahria Town Lahore about a year ago & by the grace of Allah (SWT)is now complete in all respects.

3. About 8 months ago I sent an email to Bahria Town Lahore informing them that I would like to buy a small commercial plot to build a commercial plaza for some income in my retired life.

4. On the receipt of my mail Bahria Town customer services representative called to find out what exactly I wanted? I explained that soon, after my retirement, I will be living in BT Lahore. I want to invest in some commercial plot in BT Lahore to build a small plaza for income in my retired life.

5. She sent me list of commercial plots available in commercial area of Sector "C" of BT Lahore with the pricees & payment schedule. I selected a 5 marla plot in the ring on back side of block B for a price of 33+3 (10% extra for facing the park)= 33 Lakh. Sent PRs.300,ooo/- as advance & BT Lahore confirmed my booking.

4. I paid the remaining amount in 4 instalments in 8 months. Some times the payment of instalment was delayed by upto a month but BT Lahore did not make any problem for me.

The 5 marla commercial plot which I bought in 33 Lakh about 8 months back from BT Lahore in Sector "C" sitting in UAE without any problem is now worth 55 to 60 Lakh.

WHAT MORE WE CAN EXPACT FROM A DEVELOPER?

Adeel replied on Wednesday, August 10, 2011 11:32 PM PST 

Dear AG, have you got the possession of plot yet?
If yes then congratulations as it is an excellent deal.
If not then expect anything in terms of additional dev charges from them or relocation of your plot to anywhere until you occupy it.

AG replied on Thursday, August 11, 2011 09:38 AM PST 

@Adeel.

It is an already developed plot & the price includes development charges.
Yes Bahria Town has confirmed that I can take possession at any time because total amount has been paid.

The purpose of my post was to emphasise that Pakistan & Pakistanis are not that bad as we usually blame. All those who curse Pakistan should go and ask Palestinians what does a homeland mean
No individual or a business in this world is perfect. We should rate any business according to its overall performance.
I am not a fan of Malik Riaz or Bahria Town. Other property developmers may be better & we should dare to highlight their merits as well.

Regards.
>
(49163)
Monday, August 8, 2011 12:20 PM PST 
I-11 status..

aoa mian nadeem sahib..

kindly inofrm about the present statusof I-11
regards

Mian Nadeem Islamabad replied on Monday, August 8, 2011 01:41 PM PST 

Tender opening date is 10 Aug 2011. Few elements are trying to delay this tender.

In I-11/2 u can construct house.
In I-11/2 Possession of 25*40,25*50 (25*60 only 1 to 300 series) Plots is available.
I-11/1 Katchi Abadi issue is not resolved till date.

Visitor replied on Monday, August 8, 2011 02:03 PM PST 

I have visited I-11, almost all the sector has been converted into illegal graveyard, everywhere you will see this, especially near the area close to roam on I-11/3 side.

Thanks

islamabad replied on Monday, August 8, 2011 02:28 PM PST 

@main nadeem sahib

supoose the tender is oopened at 10th august then how much time is required for development..

and if delayed then?
regards

harddone replied on Tuesday, August 9, 2011 12:52 AM PST 

@**********

the cureent
prices are between 14 to 20 lac for 25*50..

i think this sector will not be vacated from enchroachments. there are thousands of afghans there and timber mafia... if not vacated in the past 20 years then how be vacated in next 4 years.. its a gamble but wise people dont want to take that huge risk....

there are lot of options available elsewhere.. why to loose hard earned money in that high value risks??

Mian Nadeem Islamabad replied on Tuesday, August 9, 2011 02:08 PM PST 

Good for short /long term investment.
Purchase only on ground plot where possession is available.
Afghan/Kachi Abadi is only in I-11/1.
No role of Timber Mafia.
Timber Market is legal in I-11 (as per master plan).
On 30*60 plots in I-11/2 u cannot construct house right now.
On 25*40, 25*50, 25*60 plots in I-11/2 u can construct house immediately

Minimum Price for 25*40 plot is 14 lekh.
>
(49162)
Monday, August 8, 2011 10:47 AM PST 
VILLAGE IN V Block

There is some disappointng rumours that DHA is not displacing village in V Block . Few people had been ed plots in V block in thevillage and few have plots very close to it. In the first map it was observed that there was no village however now the things in the air are that DHA is not willing to displace it..

Plaese give your serious and sincere comments as the stake holders which properties are directly affected are little bit worried

Reagards

CMY replied on Monday, August 8, 2011 02:46 PM PST 

Dear friend please turn check mark on off on V block to see what plots are over village and what plots are near village.

http://www.lahorepakistan.net/DHA-Lahore-Phase-7-Map.htm

Ch Mujahid Yasin ( CMY )
03224009967

ua replied on Monday, August 8, 2011 03:35 PM PST 

Great info, Mr. CMY. I see another village in X block also. Quite a large number of plots will be affected if DHA fails to take over the villages. (Won't be an easy task taking over that area)
>
(49161)
Monday, August 8, 2011 10:42 AM PST 
House purchase in Lahore

Salam all,

I live in Canada but visit Pakistan once a year so taking care of the house/ tenants is the biggest concern because my friends can only help out so much. Can anyone advise me as to where I should purchase a house in Lahore and with a budget of approximately 70 lac will I be able to get 1 kanal house in a good area i.e. Valencia? Wapda? 10 marla in DHA?

Any advice by respected CMY and other members is well appreciated! Thanks

CMY replied on Monday, August 8, 2011 02:50 PM PST 

In
DHA Lahore you need min 80 lacs to buy a 10 marla house.

It is suggested that you buy a house in DHA Lahore or Bahria Town only as these places are Qabza groups free.

Ch Mujahid Yasin ( CMY )
03224009967

Kashif Riaz replied on Monday, August 8, 2011 04:58 PM PST 

Dear Saeed Sahib,

In your budget, a slightly used 10 Marla House will be available in Wapda Town Lahore. It’s a decent society with all amenities available there and rental return and demand are also reasonable. 10 Marla house can fetch your monthly rent of around 35 K.

I m really shocked to see Dear CMYs’ comment that only DHA & Bahria Town is free of Qabza..... or because LRE deals in them only!!!!!!

Anyways that CMYs views

Regards
Kashif Riaz

Kashif Riaz replied on Monday, August 8, 2011 07:07 PM PST 

Thanks for the clarification dear CMY sahib.......

You are a very rare kind in this buisness that why it hurts more when something we dont expect from you.

God bless you and keep your good work going
Regards
Kashif Riaz

adnan552 replied on Monday, August 8, 2011 08:35 PM PST 

I was recently in Pakistan trying to purchase 1 kanal house. I did explore wapda/valencia/nfc and surrounding society.
In wapda one kanal house in okay
location will cost you around 125 Lacs(you can find close to nala or houses requiring renovation around 100 lacs)
Valencia has many house of 1 kanal new built by contracters in Market average final price is 90-115 lacs,most of these house has low quality materials fitted.
NFC has rates similiar to valencia.
In 70-80 lacs you can try to get 10 marla old house in wapda which may need renovation. new 10 marla houses(good quality materials) are in range of 90-100 lacs.
hope this helps

MISBAH replied on Monday, August 8, 2011 11:38 PM PST 

SIR I HAVE A NICE BRAND NEW HOUSE AT THIS PRICE.I LIVE IN USA.HOUSE IS IN A GATED COMMUNITY .IF INTERESTED MAIL
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(49159)
Monday, August 8, 2011 05:10 AM PST 
Ghauri Town Phase 3 Islamabad

I want to sell my 2 adjacent plots (5.5 marla each) located in Ghauri Town PH3 Islamabad. Demand is 3 lacs per marla. Serious buyers can contact me at my email address, please. Thanks.
Best Regards
Dr. Anwar
>
(49157)
Sunday, August 7, 2011 07:15 PM PST 
For Sale

Ad Type
City
Scheme
Block
Size
Road
Demand(Rs)
Features
For Sale
Islamabad
Model Town (Humak)
Gharbi
30- 60
60 ft
54 lacs
Ideal location
House for sale single story 2 bed dd tv lounge 3 bathrooms big kitchen and top mumty + store its about 180 to 200 sqft on top total coverd area 1820 sqft

60 ft road Corner + sun face open ground than market in front of house
its CDA sector only 17 months old house
If any Interested Please Contact :forsale: :sh:
>
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